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Wednesday, October 24, 2012 1:05:43 PM
I am by no means a stock guy. I bought this stock well aware of the risk of a penny, but I bought it to invest. I wont pump anyone on this board full of crazy numbers or words only the soundest investor can define. I will give you what I think from a laymans perspective.
1. 3D technology is the future of movies and movie theaters. 3D movies and televisions are becoming the norm.
2. 3D concerts have done very well in the box office.
3. Before Avatar movie theaters went out and spent millions of dollars upgrading their equipment to 3D capability and are dying for anything that will allow them to use it and generate capital.
4. Musicians are tired of having their music pirated online and are desperate to find new means of revenue.
5. WRIT management is experienced in production, movies, and music.
6. They have deals with Sensio 3D, an industry big dog, 3D Paint/FX, and grammy award winner Scott Millaney and Peter Martin
7. They have channels of distribution set up world wide
8. They have great investor relations. If you email the company, Wendy Haviland will email you back with personal message answering your question within ten minutes.
9. John Diaz conducted a webinar this summer to alert investors of company strategies. They have goals and a broad product assortment in mind (monthly series, major DJ, and current touring artist).
10. John Diaz was on Oprah and although this merits no worth in the stock world if you watch the interview you can read into who he is and what he believes and I am buying into him as well.
11. John Diaz already has taken MP3.com to unbelievable heights because he knows the industry and adapts with it.
So all you investors out there like me, who dont understand half of the numbers these smarters guys are talking about, take it from me, a high school teacher; a penny stock is a huge risk as it is, but this one is as close to a sure thing as you can get. Just believe.
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